ANNUAL GENERAL MEETING 29 APRIL 2019 Agenda Financial Highlights - PowerPoint PPT Presentation

ANNUAL GENERAL MEETING – 29 APRIL 2019

Agenda •Financial Highlights •Updates on Petaling Street Residences •Acquisition of Mantanani Island Resort in Sabah A1 2

Financial Highlights Overall Performance 180,000 161,952 160,000 140,000 120,000 110,325 99,981 S$'000 96,643 100,000 87,159 80,000 60,000 31,929 40,000 13,424 20,000 316 - FY2015 FY2016 FY2017 FY2018 Segment revenue Profit before tax A2 3

Financial Highlights Hospitality Business Performance 78,639 74,729 62,704 53,716 S$'000 19,213 17,592 7,624 (392) FY2015 FY2016 FY2017 FY2018 Segment revenue Profit/(loss) before tax A3 4

Hospitality Business Performance • Pacific Sutera Hotel and Magellan Sutera Resort achieved higher average room rates and improvement in banqueting business in FY2018 • Despite increased competition from new hotels in Kota Kinabalu, the hotels continued to achieve record revenue of S$79M and PBT of S$19.2 million for the third year running (FY2016 to FY2018) S$’000 FY2016 FY2017 FY2018 Revenue 62,704 74,729 78,639 PBT 7,624 17,592 19,213 A4 5

Recent Awards & Achievements Description of award Recipient(s) April 2019 Asia Pacific Travel & Tourism Federation (APTTF Annual Awards 2019) The Magellan Sutera Resort - The Best Luxury Family Retreat Resort Award The Pacific Sutera Hotel - The Best Family Retreat Destination Award Sutera Harbour Marina & Country Club - The Best Golf Resort in Malaysia April 2019 Industry Excellence in Hospitality (Sabah Top Achievers Award 2019) Sutera Harbour Resort March 2019 HotelsCombined 2018 Recognition of Excellence The Pacific Sutera Hotel June 2018 Malaysia Best Employer Brand Award 2018 Sutera Harbour Resort March 2018 2018 Global Marina Accreditation by Marina Industries Association, Sutera Harbour Marina & Country Club Australia March 2018 2017 Golf Circle Award Winner The Magellan Sutera Resort February 2018 CTRIP Travelers’ Top Spots 2017 Best Food & Beverage Hotel The Magellan Sutera Resort November 2017 CTRIP Best Supporting Hotel Award 2017 The Pacific Sutera Hotel and The Magellan Sutera Resort 7 th Asian Lifestyle Tourism Awards 2017 Beach Resorts October 2017 The Magellan Sutera Resort and Sutera Harbour Marina & Country Club July 2017 Sabah Emergency Response Team Competition 2017 by Fire & The Pacific Sutera Hotel and The Rescue Department of Malaysia-Sabah/Bomba Sabah 2017 Magellan Sutera Resort April 2017 Malaysia Best Employer Brand Awards 2017 Sutera Harbour Resort A5 6

Property Business Profit/ (Loss) Before Tax Revenue S$'000 S$'000 94,664 108,236 16,780 - 33,493 24,455 18,816 21,342 (3,221) 8,817 - - FY2015 FY2016 FY2017 FY2018 FY2015 FY2016 FY2017 FY2018 Segment revenue - Singapore Segment revenue - Malaysia A6 7

Property Business • FY2018 revenue of S$21.3 million (compared to S$35.6 million in FY2017) • Sales from Coral Bay will be progressively recognised over the development period of the project, possibly from FY2019. • Generated PBT of S$8.8 million, as compared to S$94.7 million in FY2017, in the absence of the disposal gain of S$74.5 million from the sale of its entire investment in Plaza Ventures Pte Ltd Revenue and PBT from Malaysia up 13.3% (from S$18.8mil to S$21.3mil) and 52% (from S$2.4mil in S$3.6mil) in FY2018 A7 8

Henan Zhongyuan • In FY2018, our associated company in China, which owns and operates one fo the largest food logistics and warehousing hubs in Zhengzhou in Henan Province, continued to reap good returns for the Group, amounting to PBT contribution of S$6.7 million. A8 9

UPDATES ON PETALING STREET RESIDENCES

Petaling Street Residences KLCC KL TOWER NATIONAL MONUMEN T BUKIT BINTANG KL PASAR SENI BUTTERFLY LRT & MRT & BIRD STATION PARK SITE 118 TOWER/ STADIUM MERDEKA/ STAIDUM NEGARA Birds eye view of building A9

Content  Development Data  Project Timeline  Design & Floor Plan A10

Development Data Project Data | Planning Perimeters Site Area : 3.44 acres/ 13,938 m2 Allowable Plot Ratio : 14 Maximum Allowable GFA : 195,132 m2 Based on Approved DO Total GFA (B) 194, 890. 95 m² / 2, 097, 788.73 ft² Total SFA (A) 167, 831.16 m² / 1,805, 005.30 ft² Efficiency (A/B) 86.06 % Number of floors 70 Floors + 1 Basement + 1 Lower Ground Number of Units 1889 units Units/Floor 35 units Number of lifts 14 nos + 2 bomba lift + 1 service lift Building Height 243.15 m Carpark Count Requirement: 2120 Available: 2131 A11

Development Data Unit Mix Type Size nos. % Type A (1 BR) 58 - 61 m2 534 28.3 (624 – 657 ft2) % SMALL 46.7 UNIT Type B (1 BR) 61.1 - 72 m2 348 18.4 (657 – 775 ft2) Type C (2 BR) 84 - 88 m2 631 33.4 (904 - 947 ft2) Type D (2 BR + Study/ 3 BR) 106 - 157 m2 164 8.7 (1,141 - 1,690 ft2) Type D (Dual-key) 156 m2 159 8.4 % BIG UNIT (1,681 ft2) 53.3 Duplex 116 - 293 m2 35 1.8 (1,248 - 3,154 ft2) Penthouse 158 - 408 m2 18 1.0 (1,700 - 4,392 ft2) • 6 numbers of Duplex units to be Dual-Key units. • 159 units of Type D3 to be Dual-Key units. A12

Unique Selling Points (USP) Site Location : 1. Located at the Heart of Chinatown, Jalan Petaling 2. Chinatown earmarked for major redevelopment and heritage conservation 3. Major developments nearby such as Merdeka 118 & KL Tower acts as a growth catalyst for the development 4. Excellent accessibility to LRT/ MRT (200m away) 5. A place of entertainment, culture, food and shopping Perspective of Merdeka 118 Design : 1. Tallest residential building in the area 2. Design with 360 degrees KL city view 3. 50m length Olympic size swimming pool at Podium Level 8 Pasar Seni MRT 4. Rooftop Dipping pool with views to KLCC 5. Rooftop viewing deck and Sky Lounge 6. A variety of facilities 7. Full height curtain wall design Petaling Street A13

Project Timeline Description Targeted Timeline Targeted Sales Launch Q1 2020 Targeted Construction Commencement Q3 2019 Targeted Construction Completion 2025 A14

Façade Design View of sky terrace View of rooftop dipping pool Birds eye view of Perspective from Jalan Balai Polis Birds eye view of building roof A15

Overall Section Roof Top (Viewing Deck) 68 th Flr (Roof Terrace/ Pool) 67 th Flr (M&E Flr/ Facilities) Flr (Typical 65 th – 66 th Flr (Penthouse Units) 50 th – 62 nd Floors) Unit 63 rd – 64 th Flr (Duplex Units) 47 th – 49 th Flr (Sky Terrace) 9 th – 46 th Flr (Typical Unit Floors) 8 th Flr (Facilities Floor/ Main Pool) Mezza- 7 th Flr (Carpark Floors) Ground Flr (Main Entrance Lobby) LG & B1 (Carpark Floors) Birds eye view of building A16

Floor Plan 1 10 1 4 2 9 3 8 6 7 5 Ground Floor Plan A17

Floor Plan Level 8- Facilities floor A18

Floor Plan 1 1 2 4 3 3 4 5 47 th Floor (Sky Lounge) A19

Floor Plan 1. Kids Indoor Gym 2. Sky Lounge 2 3. Golf Simulator Area 3 1 4. AV Room 1 4 4 5. Snooker/ Darts 5 6. M&E Area 6 67 th Floor (M&E and Facilities Floor) A20

Floor Plan 12 69 th Floor (Sky Lounge) Sky Lounge (Level 69) 13 68 th Floor (Rooftop) 70 th Floor (Viewing Deck) A21

ACQUISITION OF MANTANANI ISLAND RESORT

Location Mantanani Islands Kota Kinabalu Jetty Facing Sea View A22 25

Mantanani Island Resort Jetty Facing Sea View A23 26

Mantanani’s Lobby And Chalets A24 27

Exciting Activities A25 28

Mantanani Island Resort • Acquired the former Viva Mantanani Island in Kota Belud, Sabah, Malaysia in December 2018 • Rebranded as Sutera@Mantanani Island Resort & Spa • Located about 40km northwest from Kota Belud, a town just 80km from Kota Kinabalu. • From the city, it is about one and half hours by car to Kota Belud, and a 30-minute boat ride from Kota Belud jetty. A26 29

Mantanani Island Resort • Coveted for its powdery white beaches and crystal clear and turquoise waters, as well as breath-taking views of Mount Kinabalu. • 30 well-appointed rustic chalets. • Excellent diving and snorkelling waters. • On certain full-moon nights, bioluminescent plankton lights up the sea with its magical bluish glow. A27 30